Topic: Do you think Trump is Bluffing or Deceiving the Bitcoin Community? (Read 978 times)

But the thing is that those politicians, not just in the US, really know to wake up the interest of their voters to go and vote for them. And obviously, we have seen what Donald J Trump is doing here, he uses Bitcoin to his advantage to even mentioned it as part of their political agenda.

But then again, we don't know if we can trust him on this or not, still up to us whether we will vote for him just because of his pro-crypto stance, or we are going to choose the lesser of two evil and then hope for the best in the next 4 years for crypto in the US.

If only he like any other politicians would actually keep to their mandate when elected then it would be a great and big achievement for the Bitcoin community and crypto users in the US too, like maybe even the situation with mixers being ban here in the forum might be changed since the influence of his Bitcoin agenda would be rubbed off with that of the SEC. what everyone is looking for is a system where the government and Bitcoin can closely interrelate which will be so much benefits for both parties.

I imagine these two candidates are going to keep flip-flopping between 50% until election day.

The polls are very tight (although they always seem to be at this time of the year), but let's not forget that it isn't the popular vote that's going to elect the next president, but the electoral vote. And we don't know yet who is going to have the upper hand here as the numbers keep changing.

I don't like Trump, just like I don't like Biden/Harris, but at least Trump is smart enough to understand that bitcoin and cryptocurrencies are here to stay, so at that point you better play along and try to get any type of advantage for you and your country. Not sure what the democrats' plan is, being against cryptos for the rest of their existence while the rest of the world keeps adopting them?

Okay, I looked: Bitcoin went up 500% under president Biden.

I think most Bitcoin investors would be very happy if things "stayed the same" and Bitcoin went up another 500% under Harris.

The only reason to hate on Democrats is because you want abortion to be illegal in the USA, not because anything related to Bitcoin.

Additionally, the surveys were most likely manipulated or faked, and the most important thing in deciding the election results was based on the electoral college vote, not the national popular vote. That's why candidates try to compete to dominate battleground states like Pennsylvania because this state has 27 electoral votes and many other battleground states.

Last week Harris seemed to have the upper hand over Trump, but after her economic policy speech she lost much of her support and Trump once again took the lead. It can be seen that the chase is quite interesting between the two candidates.

https://polymarket.com/elections


As we all know politicians are not trustworthy but clearly in this case, if we want to find opportunities for the crypto industry then Trump is the better choice. Look at what the Biden administration is doing with cryptocurrency and things will stay the same or get worse if Democrats continue to run the White House. Other issues aside, and as a bitcoin investor, I see no reason to continue supporting any democratic candidate.

I think he's fucking with us and the gullibility of the average US voter to garner as much votes as he can, and as Joe Budden says in his hit skit in Loiter Squad, as soon as shit hits the fan he's gonna leave our asses out in the wind, promises unkept, and we can't do shit about it cause he's the president.

I urge people to be more smart when it comes to choosing their next president, and not vote for someone with piles upon piles of criminal paperwork stacked against them cause that's one good recipe for a disastrous presidential run and 6 years, but then again we're already fighting the same war here in the Philippines with some incompetent fuckwads seated in the top positions of the Philippine Government so I guess until it concerns us, you Americans are on your own. LOL.

Yes, the impact on them will be that they will all be forced out of business. Go ask somebody from Russia how profitable it is to compete against Vladimir Putin--the absolute best thing that can happen to you is that you simply go out of business. At worst, you "accidentally" fall out of a hotel window.

If your hope is that Bitcoin is outlawed in the USA in favor of Trump's personal currency that he wholly owns, then yes, by all means vote for Trump...

If Trump is ever given a chance to win to become president of the US again, when he implements the above, it will be a good sign when that happens. And that's in favor of all of us bitcoin and crypto communities around the world.

Especially if he can do the third thing you said, pal, because that has a big impact on all crypto enthusiasts in this field of business, in my opinion.

That is the nature of politicians, they will do anything to achieve their goals.


I support him but I have to admit that he is over exaggerating his support for cryptocurrency. That is unnecessary and meaningless.

Expecting Trump to win the election and deliver on all his crypto promises is naive even if he has indeed changed his stance on crypto. The only thing we can expect if he is elected, he will be more open to the crypto industry and not harsh and hostile to crypto like the Biden administration is doing. Just that much would be much better for us than what we are currently experiencing.

Yep, the survey data doesn't guarantee for the result. It is just the current prediction, voters still have time to consider changing their choice. If you check again my post above, I never claimed anything about who will win the president election. Sure, Trump is possible to win it although the current survey is on his side. Sometimes the survey institution or media can be very subjective, we can't fully trust the survey data.

I personally think there is a chance. It may be not as sweet as his promise but he is probably trying to make a more friendly policy for crypto industry. However, if Kamala becomes the next president, I think there will be no much change in crypto policy. But we can't suspect that the crypto industry will be worse even if Kamala is elected. The US government also has an interest in crypto, they get taxes from crypto. The crypto industry also helps the growth of the economic sector in the US. It is not really surprising if they consider to treat crypto with a more friendly way.

I know it. But someone can change his mind due to political interests. I don't say US government will be totally friendly to crypto industry suddenly. I just assume there is a chance that US government will be a more friendly with crypto industry because they actually get advantages if crypto industry can be developed in US.

IMO

A politician will say anything at election time to get the edge in the survey and, eventually, the poll, especially for a candidate who is on a must-win because of the charges. One of the issues that he will have an edge on is Bitcoin, as the opposing candidate has already adopted the continuation of the Cryptocurrency crackdown.

He may be supportive of Bitcoin, but he is making a grandstand of the subject; yes, I believe that when elected, he will do something to support Bitcoin in the US, but I highly doubt that he will fulfil all the promises he made about Bitcoin adoption.

Politicians are known for play roles of lies and not talk and do. I'm not sure about the legacy of Donald Trump but he work during his time as President of the united state and fulfill many of his campaign promises. Aside from the way he talk and things said to people arrogantly, he made sure to do what he promised people and I'm sure his intention is genuine about Bitcoin too, he want to get to the office through the help of Bitcoin community too.

However, my only problem is that Bitcoin has alot of enemies within the US and many rich elite wouldn't watch and let Bitcoin be allowed so wealth distribution doesn't leave them. If Bitcoin becomes the power of the commoners, many people that got rich though their own stocks and centralized system will be angry and people wouldn't worship them like they are doing now in the future.

I had totally forgotten about that.
If he does that, it will not just disrupt US economy it would severely hurt the US economy specially when it is accompanied by his radical decisions on Tarrif War with China.

The organizers of the BTC conference invited him to give a speech at the program, they do not represent the BTC community and i don't think it is correct to say the BTC community has given their support to Donald Trump. However, i have to agree that he has got the support of so many bitcoiners of late, a lot of them believe all the things he has been saying, do i believe it? No, but i will just wait and see, because i could be wrong.

Trump is definitely better than the only other option Kamala but at the same time I cannot accept that he meant what he said he has already backtracked his statements in the past and same thing can be repeated and there is no valid point apart from his own benefits if he happens to do anything crypto friendly but yeah people would choose Trump over Kamala any given day.

I would assume he got the crypto as payment, e.g. in exchange for some secret documents he sold to our enemies. I too doubt that he actually took it upon himself to buy ETH.

If that's true, he has some bad advisors. Probably his son told him to do it and pump Vitalik's bags. I don't believe that trump bought ETH on his own, but it fell much harder than bitcoin. ETH is what? 55% of its ATH right now, while bitcoin is down less than 20%.
I don't think that he's bluffing. He wants to do it because it's his strategy to show himself as a businessman who supports the market, wants to help people make money and is against CBDC. I just hope he gets to try to do what he promised because his opponent doesn't promise anything worth voting for.

I don't think he is bluffing. I think Trump means what he says. He wants to reduce the energy prices though that's the most important promise he made about crypto because bitcoin uses electricity to function. Cheap energy means more miners can contribute and that means more hash rate. More hash rate means a more decentralized and more secure mining network.

Do you think he can't bring electricity prices down? I think he can.

Let's go with the worst possibility though; He never liked bitcoin and he was bluffing. What's the other option? Kamala? A certified crypto hater? No thank you. I'd rather take my chances with Trump.

The absolute best case scenario is that Trump will be just like Biden overall and mostly let the crypto business grow like it has been.

But Trump brings new risks:

1. Trump promises to deport 5% of the US workforce, which will disrupt the US economy.

2. Trump promises to make abortion illegal which will require a giant new police state, which will almost definitely effect crypto in a negative way.

3. Trump is getting into the crypto business himself, so he will be using the full power of the US government to pump his business at the expense of everybody else in the business. If Trump is elected, everybody in the business will now have to compete directly with the President of the United States and the US government, which will be a nightmare.

He hasn't come from outerspace though lol he used to be president for 4 years and in all those years like every other president and presidential candidate before and in the future he has been pro-censorship and pro-surveillance. There is no reason to believe that after decades of severe control, the US government is suddenly deciding to give that up and become pro-freedom!

Trump has the upper hand over Biden, that's true, but since the Democratic Party changed its candidate, Trump has gradually faded. And I agree with you based on recent surveys, Kamala's support rate is somewhat overwhelming compared to Trump's, but the gap is not too big. 
It's important to note that surveys don't represent final results, just like in 2016 when people believed Clinton would beat Trump but then Trump won convincingly. It's still very early to confirm who will be the winner.


If we cannot confirm that Trump is lying to us, that means there is still a chance for us if he is elected and keeps his promise. And that makes a difference and there is a reason for us to support Trump because the current administration is not friendly to bitcoin. If Kamala is elected, she will continue to maintain an unfriendly attitude towards crypto as she is also part of the current administration.

I don't know why you can conclude his chance is very high. According to the current polls data, Harris is a head of Trump. Biden's resignation actually poses a threat to Trump's chances of being elected. It is because Harris can have a better electability than Biden. Unfortunately, the support of crypto community isn't enough to boost the chance of Trump to be elected.

Kindly check the news related to polls data:
1. https://www.economist.com/interactive/us-2024-election/trump-harris-polls
2. https://www.nytimes.com/interactive/2024/us/elections/polls-president.html
3. https://economictimes.indiatimes.com/news/international/us/this-is-massive-kamala-harris-is-ahead-of-donald-trump-by-6-points/articleshow/112575561.cms?from=mdr

We can't conclude that Trump has deceived crypto community now. He is even not elected as a president yet, he still doesn't make any policy related to crypto industry. We can see it when he already becomes a president, he really sticks on his promise or not. If if the US government under his leadership makes friendly policy for crypto industry in US, it means he doesn't deceive us. We only can blame him to deceive us if then there is no friendly policy on crypto under his leadership.

Evidently Trump has Ethereum (and no Bitcoin?): https://www.businessinsider.com/trump-called-crypto-scam-now-owns-million-ethereum-disclosure-bitcoin-2024-8

Have fun staying poor, Trump.

We know how powerful this power just seems like one statement he can make some changes with the crypto and in addition with this is he's close looks like partnered with Elon Musk so people tend they really support the use of the bitcoin but for me it depends on the situation we're tired to those just make an introduction they will support the use of the bitcoin but once they already sit in the position they forgot most of their promises. If you are an active trader in the market having this news is a good swing for profit, but in the long term I will not become dependent on their statement. Politics hides a lot of sugar coats.

Exactly, politicians are not to be taken serious because they are always bent on deceiving the unsuspecting public with their words because of what they stand to get at the end of the day, although this kind of statement can trigger a kind of force and more influx of individual and institution into Bitcoin investment considering the the status of the individual that made the statement.
It is a usual thing for politicians to promise without fulfillment that's why politicians are regarded as heartless liers but we don't know the particular campaign promise the will be fulfilling once the win the position they contested for.
We should also know that it not easy for a contestant come open to say such things about Bitcoin, I believe that before those public speech he have a plan of implementing good policies that will be beneficial to Bitcoin and bitcoiners, those promise has also rekindle the hope of bitcoiners as such intending investors may be triggered because this kind of assurance.

This is impossible, Kamala Harris didn't even get shot during her speech, so if Kamala want to win this election, she should be in the situation that threat her life.

Forgetting about Bitcoin and the community are good because it means Trump will not touch Bitcoin, he will abandon it like nothing happened. So Bitcoin can be free and we will not see any more tightening regulations or restrictions.

Even Trump declare Bitcoin is no longer property in US, it's good too as long as they didn't ban Bitcoin.

Trump has really been making impressive speeches about his support for Bitcoin in recent times and extend his endorsements, but we all know what a man can do when he's under pressure or seeking for a position. His favorable speeches are fetching him support of the Bitcoin community which is a very good electoral tactics playing out in his favor.

I know politicians, they promise a lot of things during campaigns and end up doing Little, I'm taking all his speech with a pinch of salt while I hope he implements then when he gets into office as he has more chances of securing that office position.

I think there's been a pretty rapid change because many recent surveys show Harris's approval ratings are slightly higher than Trump's. I also support Trump and hope he wins the election, but it cannot be denied that Harris is dominating some surveys in strategic states.

Although we don't know how Trump will treat bitcoin and cryptocurrency, but if Harris is elected. We will certainly continue to face harsh regulations, and the troubles that the SEC creates in the market.

It's hard to know what will happen next but I just hope we get a government that is more friendly to us instead of trying to limit our growth.


Source: polymarket

Let's be straight, Trump haven't used bitcoin like ever. He doesn't know how, and has people that deal with that for for him.

Even if you disregard the fact that he has never given any reason for us to believe he would understand the concept of BTC, then just the fact that his account have been hacked in the past by guessing his password is all the proof you need, that this isn't a person who would be informed about cyber security. If he knew anything about it, he would have said something credible about it.

And given how essential cyber security is with bitcoin, we can clearly see how he is out of his element in all of this.

He cannot deceive anyone except those who want to believe in his fairy tales. It is obvious that speculators expect that Trump will make some dramatic announcements that could pump and dump and possibly enable some additional earnings. The good thing about Bitcoin is that you cannot successfully repeat the same bump, so in a few months it will not matter at all what Trump has to say about Bitcoin.
The moment he sees that his influence has declined in the crypto community, he will stop doing it himself because it no longer brings him political points.

You are right, as much as politics is concern, everything comes with different lies just to lure the citizens, and when they won and have seated on their respective positions, all those promises have suddenly vanish like they weren't said at all.

Now, Trump is never an exception. He can forget about bitcoin and its community right after election. So while the time is still for us, we should think wisely who to vote or just ignore them. But to be honest, Trump has an edge now over his competitors. He might be the next president if he turns lucky this election period.

The younger vote in the USA is overwhelmingly Democrat.

Maybe try to understand US politics a little better before wading into it?

I don't think Trump is bluffing or exaggerating his utterances about bitcoin and it community. Before he used bitcoin to campaign for his Presidential ambition, he has seen the important and the usages of the digital currency and that is why he is supporting it in this second coming to the white house and if I will say let the citizens or the bitcoin community give him a second chance to see what he is preaching about concerning bitcoin.
It is Kalama Harris with her crew is bluffing bitcoin because they have seen that the youths is interested in bitcoin and their opposite candidate is using it to pull crowds then they artificially used it to campaign.

Actually, this whole novel says more about the so called Bitcoin community than Trump himself. Trump everyone already knows, so no surprises regards him being manipulative like any other politicians of our time.

The lesson I take from this is that an organization like Bitcoin community can't be taken seriously. It's just another attempt to centralize something which was designed to be decentralized. Members of this community don't talk for every Bitcoin adopters. Each Bitcoin adopter is unique and independent.

What happens is that there are Bitcoin adopters who are also Trump supporters, so even though it looks contradictory taking the history into consideration, they have found a way to mix both. If Trump is deceiving someone, it's his followers and worshippers, not Bitcoin adopters at all...

I am not from the US and basically, I shouldn't care about that. But let the people there notice it and our fellow crypto community members there will find it if ever he wins the race. The race hasn't ended yet and there could be some plot twist on this even though he's likely to win it.
Politicians are normally like that, they'd tell you this and that and promise the whole world to give to his constituents and when they've won, they barely remember what they've told the people during the campaign periods. Well, I'd say that it's the typical politician that we have and if Trump can prove that assumption wrong, well, +1 to him.

Not just Trump, do you see any politicians who will keep their promises after achieving their goals? Which president will keep his promise after being elected? Most of them will never fulfill their pre-election promises or mention them again and that has become the culture in politics, not surprisingly.

What we should consider is that we have very few options, Trump, Harris, and maybe Robert F. Kennedy Jr but it looks like this independent candidate has almost no chance in this race. So either we choose to ignore and not vote for anyone, or: we will only vote for 1 of the 2 and who you think will lie less is your decision.

If he has done this before his announcement that he will run as a president, maybe we will trust his sincerity and being genuine to the bitcoin community. But looking at it now, I believe this is all for a positive cause for his presidency in the next few months. And I think the bitcoin community is not that stupid to easily believe and get deceived by Trump. Others may be convinced, but majority aren't.

I just wrote about this in another thread, but I have no doubt in my mind that he is more so deceiving the bitcoin "community' than he is actually supporting it.  His speech at the Nashville conference just a couple weeks ago said a lot to me and should say a lot to others in terms of where his true feelings really are when it comes to his true feeling/beliefs.  He's simply trying to garner votes and it's so obvious it's not even funny.  Not sure how everyone doesnt see it.

Are you noticing? But I have seen that those who do such campaigns do these campaigns to come to power. When they come to power, they don't talk about it anymore. Trump currently has such a campaign to gain power that he appears to be doing nothing about it once in office.

He has said such things before but does not act like that. I don't know if he will do anything if he comes to power, but maybe he will do something as promised.

This is a very good call.
I've read somewhere, possibly exactly here, at some point: a politician has one main goal, and that's to be (re)elected. Nothing else really matters.



And on the main topic, this being said, sadly I expect Trump promises being broken. Afaik most of the things he has promised on relation with Bitcoin are not within his powers.

At start of the campaign, Trump has given Bitcoin the opportunity for advertising. But then the bitcoiners jumped all in for him  - although imho there was no good choice between those 2 old men - and now, with one of the old men replaced by somebody with slightly better chances, we are between one man who will probably not help bitcoin because of politics and one woman who may hate bitcoiners because of not supporting her. Great 

So right now I see an even worse status than "just" being deceived by Trump.

I have never trusted a politicians long before I was eligible of voting and it has not changed now.

I have seen the trend that politicians undertake, trying to use a social issue and roping its sufferers into their arms appearing like a long awaited messiah. These are confidence tricks and should be never be accepted. Just see how quickly they launch their own agenda of why they this or that and then see.

If they do anything good for crypto, then it is always welcome, but what their agenda is, we are not going to understand till we are too late.

We don't need to trust him or any other politician because none of them are trustworthy. But if we don't vote for Trump, will we vote for Biden or Harris? A government that is repressive and tries to stop our progress by inciting the SEC creates a lot of trouble for us...meanwhile, who knows what will happen if Trump is elected? It's still a question mark, but that means we still have a chance, albeit a very slim one.

He is leveraging cryptocurrency for his own benefit and we are doing it for our own benefit as well. This was simply a trade-off, even though we weren't in a proactive position it was still worth the risk.

In my opinion, Trump is just taking advantage of the Bitcoin community to get the most votes, after he is elected, who knows what will happen, because of the many candidates who will definitely give sweet promises, after that they will try to amnesia with their promises.
but hopefully Trump doesn't do that

Now, there goes his eldest son going on with some crypto business too. I guess that we see it coming that anything that's with Trump's popularity and this is almost a win to him, you decide whether he's bluffing or not.

He could be putting his money where his mouth his or this is just a pure marketing ploy for him to get voted.

You'll never know but we're matured enough to understand what's obvious and not and with these politics issue.

If Trump is just bluffing?
You never can really tell. I mean, this guy has been at the apex of this leadership before hand, didn’t disapprove with the concept of cryptocurrency and yet again, didn’t give much attention to how the agencies handled it at the time.
For all we can say now, it’s a time to get even with citizens, win their minds in order to win the polls. It could be all Trump is doing now but. Be sure to get some commitment from him. His sure not to come to terms with every one of his statement as it concerns Bitcoin but, would stay true to a lot.

Do you even have to ask? The answer is too obvious because Trump didn't come out of nowhere. He isn't just some politician who started yesterday. He used to be POTUS for 4 long years and in all those years he didn't do anything. So why should it be different now?

Besides, we've already discussed how it is not possible to pay the ridiculously ginormous US national debt that is $35 trillion with bitcoin that is not owned by US and the entire market size is $1 trillion. In other words even if the US regime owned the entire bitcoins in existence and sold it while assuming the impossible thing that the said sale won't change the price, they'd still only be able to earn a trillion and be left $34 trillion short.

That is not even to mention they are currently printing a trillion dollar every 100 days! So in 100 days we would be back where we started.
The problem isn't even the debt, the problem is the massive gape which is the budget deficit and the ever increasing regime's costs as they continue starting wars around the globe so that the arms dealers that control America can make more money!

So the answer is yes. He is bluffing but no most of the Bitcoin Community don't believe this convicted felon, even though we see a small minority advertising him which I still believe even those don't believe him. They just pretend to because they want to advertise him.

I can't say in advance if what Trump is actually doing, if he's really sincere about his intention with Bitcoin or everything is just part of the play. We all know how politicians can be very deceiving in order to satisfy their own, personal interests. And until he's still not sitting in his presidential position, I will always doubt all his words for bitcoin. I know majority are also thinking this way.

I think he also wants to get support from people who are into cryptocurrency especially those who also mines bitcoin and even his son announced running a crypto sooner or later which in my opinion would increase donald trump's supporters. I would say that this could be his strategy to win the election.

I think he is definitely being strategic with his new stance on Bitcoin and that perhaps it’s a political strategy but when Trump makes claims and I mean big league claims he usually follows through with them.

Bluffing? Trump is a convicted criminal who has been indicted on 88 criminal counts and thus far convicted by a jury of his peers on 34 of them. There is almost no doubt at this point that Trump will spend the rest of his life in prison if he does not win the presidency.

All that said, while Trump has lied all of his life about absolutely everything to everybody around him including his own family and his many wives and porn star girlfriends, it would appear that he is now basically senile, as this recent interview on Fox News last week demonstrates:

"Google, nobody called from Google. One of the things like doing a show like yours, your show, you know, you see it on Fox, but when you really see it is all over the place, they take clips of your show that you're doing right now with me and if I do a good job, they're gonna vote for me, they're gonna vote for me because it's not just on Fox, it's on Fox is a smaller part of it. You're on all over this, those little beautiful cell phones you're on, you're all over the place. You have a product, you have a great product. You have a great brand. So you have to get out, you have to get out, you have to do things like your show and other shows and Google has been very bad. They've been very irresponsible and I have a feeling that Google is gonna be close to shut down".

So can a senile old man still figure out how to "bluff"? Trump certainly can't, but the people around him (many of whom have criminal records of their own) obviously still know how to grift and the money Trump can generate with a few vague promises to billionaire Bitcoin whales is gigantic.

We cannot really tell right now if he is bluffing or just saying things to win the hearts of the electorates just to get votes. But with the way the bitcoin community has thrown their support for Trump, it will only be fair on his part to at least keep to his campaign promises. With the way people expect alot from him, I am convinced that he might try to do the right thing just to be on the good books of the people. Trump is a politician and we cannot be 100% certain of his intentions untill after the elections then we can actually be sure. Just like we wish for every election season, let the best candidate win.

If there is anyone to blame, it is Kalama Harris because there were not using bitcoin as their blueprint or manifestos at the initial time but when they saw that Trump is making waves with the inclusion of bitcoin in his campaign then they inculcated bitcoin in their campaign speech so I see the speech as a mere propaganda and hypocrisy to bitcoin. Trump starts his campaign speech with bitcoin and that indicates that he has bitcoin in his mind, so if he make bitcoin legal in US, it will help their economy and the community has well. I am not campaigning for Trump but I am saying this base on prediction. And the prediction comes base on the actions and activities of Trump. Though US has nothing to do with bitcoin control but the activities of the government towards the project will help the project grow. It is the duty for the government to create enabling environment for the citizens to do business and investment so if the policies of government is bad then it affects many people. Though politicians words are not trusted.

Trump cannot be hundred percent trusted by his political words for now. Especially now that it's evident that he's gathering all his energies and strategies to gain the support of the people across all boards. It's pretty obvious that he also needs the support of the bitcoin community in the USA. Some reports have suggested that over 8% of the population of USA citizens form the bitcoin community consisting of over 27 million people in numbers. If this is an estimate to go by, then any politician who's looking towards harvesting such numbers is looking good enough.

This is also to mention that the bitcoin community in the USA is an important demographics and the population of Bitcoin users in the USA have continued to see more increase in its numbers over the years. This calls for some accolades and I'm pretty sure that as the time goes, political leaders in the USA will be more aware and considerate to the large pool of users within the bitcoin community to canvass for their political supports and votes.

As bitcoin now have turned their major area of concentration in other for them to achieve their political ambition, then we the bitcoin community members should be guided very well in other for us not allow politics get in us, because we are not centralized, we are trusted and not corrupted, we cant predict on their true identity until they have achieved their main target towards attaining the presidential seat before we can know what is ahead to face as reality over bitcoin adoption in US and the way forward from there.

Trump will soon promise that would make Bitcoin a legal tender in the US. Politicians are not bound by the promises they make during campaigns because they can also give you many reasons why they were not able to fulfill them. Paying the US debt with Bitcoin showed that he has little knowledge about how Bitcoin works. They market seems to have gotten used to his bogus promises that it doesn't affect the market anymore.


I saw this thread Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal. It shows that the presidential candidate of the democrats Harris Kamala is also stepping up her campaign to please the crypto community. She has included people who have crypto experience in her team to woo voters from the crypto community. So we might start seeing pro-crypto promises from the democrats. Bitcoin had become a major campaign topic  .

It's hard to say but it's more about the campaign. That's what can we assure with what he's saying. It's all about the campaign period and everything he'd say will be favorable to the groups that he's wanting their votes. And it's obvious that he wants to get the green flag from the Bitcoin community and does said it in favor to what the community wants to hear.

What I want to hear from him is his actual thoughts about Bitcoin. Because what he said is more about the PR speeches that has been given and probably written for him to say. I am not saying that he's deceiving the Bitcoin community but it's possible. So it circles with both possibility and we have no control over it.

What we can hope for is after the elections and when he's already the POTUS and make things into reality based on what he said during the campaign period.

For now we can't say anything about Trump for his support of bitcoin through the election campaign because there is one for politicians that mostly the third world countries, what they preach in the election campaign is different from the things they do in the administrative work. Their blueprint/manifestos are different. But opposite is the case with the advance countries. So all hope are not lost with Trump. There is hope for him to support bitcoin aftermath of the USA election. Because has been using bitcoin at the front banner of his campaign train.

Bluffing or not, we wouldnt know on whats on the things that they do have in mind. This is why im not really that a fan or making myself believing on whatever the things that these politicians would really be telling.
We do know that they might be that be Pro-Bitcoin for now but laterwards then would really be the ones who would be making out some action or steps on trying to get rid of it or simply becomes that negative.
It isnt really that shocking whether they are really that trying to look and hear out to be good but later on they would really be having those hidden intents on which this isnt really that new or shocking anymore.
I cant really just that make myself that easily trust up on whatever those words or sentiments that would really be coming out into their mouths. So for me then it wont really be that an issue
on whatever their plans but basing up into those words then you do already have the hint that they would be accumulate Bitcoin as much as they could and paid of their debts. lol

All politicians lie, I just hope he will do something substantial for Ross but I don't hold my breath.

Poor guy is losing his life between eternal concrete walls for giving people open place to trade, he was treated like a mass murderer but no one forced this people to buy drugs and after closing the market place this people most likely returned to buying it from street thugs anyway.

The whole assassination orders were a scam and he just tried to defend privacy of market users as this was the blackmail the undercover government thug used to extort money from him.

His prison time is a crime against our freedom and this is great proof that government is abusing it's powers and does not differ from crime syndicate.

This tyrannical laws are not here to protect us, never were.

Who would believe what these politicians say? They only move according to what they want to achieve - no one really cares about Bitcoin - and what he said about paying off debt with crypto is just empty talk. But at least what Trump has said so far can more or less give a little picture of his policy towards Bitcoin if he becomes president in the future. Maybe he will not fulfill all his political promises towards Bitcoin, but at least 1 or more of his policies are pro Bitcoin and maybe that will make Bitcoin's "footing" in the US market more stable and that could affect the value of Bitcoin in the future.

While Trump's chance of getting elected remains high, I actually think it's lower now that Biden dropped out, that the Democrats have a decent candidate. In any case, I think Trump is primarily a very pragmatic person. Pragmatism as a philosophical approach was actually developed in the US in the previous century, so it's not surprising that political leaders follow it. What I mean is that Trump will do what he will believe is in his best interest to do to have the support of the people. Right now, the goal is to win the election. If he doesn't win, pushing for pro-crypto policies will no longer be in his interest, so I think he won't do it. But if he wins, he might stick with it if it ends up being important to a very significant part of his electorate.

The US certainly can’t centralize Bitcoin directly but it can contain it or make it less decentralized by acquiring large amounts of Bitcoin and subjecting Bitcoin ETFs, mining pools and third-party services to US government regulations.

I’m not saying he will succeed in centralizing Bitcoin but I think that’s what he really wants even though his campaign statements promise a more open environment.

This looks really funny. With all the desire the U.S. can not make bitcoin centralized without changing the algorithm, and even if all U.S. pools will adhere to the sanctions, the Russian pools will not comply with these sanctions.

I believe Trump in one thing, which is that he will seek to make Bitcoin completely American, I think this is what he is seriously seeking by controlling Bitcoin and making it less decentralized by owning large amounts of Bitcoin and by authorizing the mining of all remaining Bitcoin in the United States.

Trump is an economist and politician, so he certainly sees that opening up to Bitcoin and cryptocurrencies is more profitable economically than banning them, and politically, by controlling mining pools, he can create his own blacklist to prevent countries or individuals from evading sanctions with Bitcoin by banning their transactions.

Telling everyone during a speech about this paying the national debt dream with bitcoin might have tricked people on 2015 where many bitcoiners were very much naive, however, presently the community is very skeptical. This promise is very headshaking and this might have an opposite reaction from people and cause them to be more skeptical on Trump.

In any case, if an administration cannot give no.3 and no.4, I reckon that it is not a real procrypto government.

I honestly think Donald Trump is bluffing. He is a businessman at heart and a very intelligent person. He understands the gap in the market and seeing the crypto users are getting harrassed by the US enforcement agencies since last few years. So it's highly likely that he is trying generate votes for himself and it is very much possible that he would not do anything at all once he is elected.

But that's all for future. We are yet to see any actions. There's literally no way for us to verify his intentions. So let's wait and watch!

I often read The Personality Profile and Leadership Style of U.S. President Donald J. Trump., for example:

From the quote above, we can conclude that Trump is not playing around with his words, his character is legally aggressive, he is brave in making decisions and competitive.
meaning: if he says something he will do it, so I don't think it's a bluff, if he becomes president he really does it.

Your question was answered from Donald J. Trump's personal data, whether it was a bluff or actually came true, I think it was really done.

The statement about paying off the national debt with bitcoin doesn’t make much sense to me. His understanding of Bitcoin is very limited, but he will keep saying these sort of things if it makes him appear to be pro-crypto. It will be hard for him to back out of certain promises, like commuting Ross’ sentence. While this would be a nice gesture, there is still a lot more action needed to prove that he isn’t just a demagogue and is actually looking to create a friendly environment for cryptocurrency in the United States.

From looking at his sons and all the scammy altcoin stuff they’ve been peddling on social media, my impression is that this is just another grift by Trump.



#3 and #4 don’t seem too plausible because it is not something that his donors get much benefit from. It doesn’t matter what party is in control, the government hates privacy and loves surveillance. Furthermore, there are other potential Trump policies that could greatly undermine civil liberties.

@pakhitheboss. I am supportive, however, I am skeptical. I have mentioned this before, we will only witness a real procrypto government if the Trump administration will do these 4 policies.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They will stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

Just think about it. Bitcoin is now the largest decentralized asset that allows you to move assets under sanctions and does not require large suitcases like cash.
The crypto market is very important for the US because many crypto companies are forced to buy US Treasuries.
US policy for the World will not change. There is a difference if you live in the US and have a business there.
That is why I read the news about who will fire whom after the elections, but I do not take it seriously.

Read all the replies and thank you guys for contributing to this thread. In reality I also do no think that selling Bitcoin can solve the US debt problem. He might have said it as a joke but he looks confident when dealing with those who are not allowing Bitcoin to thrive. As a matter of fact the media outlets did post that SEC chairman would resign from his post in 2025 before he saying that he will fire him after being elected. I also feel it is a bluff to satisfy the media

He may put Bitcoin in the national reserve and other promises that I heard about Trump being positive about Bitcoin but i too agree that under no circumstances he will bring a Dollar vs Bitcoin situation and he will never make policies to promote Bitcoin over US dollar. This is never the plan.
By the way, I will not say that he is bluffing as he will make the bitcoin friendly policies and would not let the SEC to put restrictions on bitcoins and cryptocurrencies.

I recently had an acquaintance tell me an anecdote about Trump.

"Trump dies, he is met by angels in the sky and told that he has worked hard for his country and has a choice of where to go to live. He is given a choice to live a day in hell and a day in heaven and then Trump will have a choice of where he will live forever.

First, Trump decides to see a place in Hell.  There is a lot of fire, there is a celebration going on, he meets a lot of his friends, everyone is drinking whatever they want, dancing. He spends a day in Hell and is taken by his angels to Paradise.

In Paradise it is beautiful, the sun shines, houses of gold and silver, but it is boring, and his acquaintances are not there.

The day is over and the angels ask Trump what place he chooses.
He chooses Hell because his acquaintances are there and it's fun.

He is sent to Hell and as soon as he gets there he sees that there is a lot of fire and all the inhabitants are suffering a lot.
Trump is outraged and says he was tricked, but they tell him he wasn't tricked. The day before yesterday there was an election campaign in Hell to elect a chief demon, When he was in Heaven there was an election.
And today the election is over.. "

Is it a bluff to claim having 5 aces when playing poker? Not arguing semantics, I'm just unsure whether claiming something that is obviously impossible can still be called a bluff.

35 trillion is roughly 30x Bitcoin's current market cap.



Did he? I'm not American so I wouldn't know.

Is not that what is known as a bluff when there is not a lot of Bitcoin in circulation? I would love to see whether this guy is able to remove the 35 trillion debt by selling the Bitcoin seized or being held through the approved ETFs.


He is known to blabber but he did make America stronger than it was before Biden came into power 

Bluffing, how? There's not even enough Bitcoin in circulation to pay off that amount of debt. Bluffing still requires a chance of your "bluff" being potentially real.

His talk about "crypto checks" also points towards a complete lack of interest in crypto, other than Bitcoiners being potential voters to sway. At least to me that seems like all talk but no substance.

As a politician to regain his power, he might bluff which is understood. What I cannot swallow he is planning to use Bitcoin as a way to reduce the debt. Is not what Bitcoin was meant to do to counter USD and create a world free of it. It is not going to happen and we will see Bitcoin being used to fed the USD debt which all pf you would endorse till today. They have already got those Bitcoin with ways that I think will be an end tp BTC.

No, not bluffing. It does so out of pure electoral interest, of course. On the one hand there are quite a few convinced bitcoiners among his party, among them the VP, on the other hand, there is a lot of money at stake with the mining industry, and to conclude cryptocurrency donations are breaking records. So he has seen that this is what suits him electorally. More when Biden-Harris were going to launch the CBDCs and they were about to put a tax on mining:

Biden’s Nonsensical Proposed 30% Tax Would Kill Bitcoin Mining in the U.S.

The upcoming US election has been the greatest thriller movie for me as I have followed it since this year. The chance of Trump becoming the next President is very high after Biden drops out of the race. Meanwhile, the Bitcoin community has extended its support to Trump and invited him to the Bitcoin conference in 2024. He had assured the community at his speech that he would and I quote below


Yesterday in an interview he gave a new statement which I am quoting below.


Source

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What do you think is he bluffing with the statement above or is he deceiving the community to gain vote and become the next President of the US?